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Q1: 2026-04-30 Earnings Summary
EPS of $0.43 beats by $0.00
|
Revenue of
$70.96M
(6.97% Y/Y)
misses by $4.74M
NewtekOne, Inc. (NEWT) Q1 2026 Earnings Call April 30, 2026 4:30 PM EDT
Company Participants
Barry R. Sloane - President, Chairman & CEO
Frank DeMaria - Executive VP & CFO
Conference Call Participants
Timothy Switzer - Keefe, Bruyette, & Woods, Inc., Research Division
Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division
Harold Goetsch - B. Riley Securities, Inc., Research Division
Stephen Moss - Raymond James & Associates, Inc., Research Division
Kenneth Billingsley - Compass Point Research & Trading, LLC, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker today, Barry Sloane, President and CEO. Please go ahead.
Barry R. Sloane
President, Chairman & CEO
Thank you very much, and welcome to our Q1 2026 Financial Results Conference Call. My name is Barry Sloane, President, CEO, and founder of NewtekOne. Also presenting today is Frank DeMaria, Chief Financial Officer of NEWT, the financial holding company that's publicly traded, and Frank is also Chief Financial Officer of Newtek Bank, National Association.
Those who want to follow today's presentation along, please go to newtekone.com, N-E-W-T-E-K-O-N-E.com. Go to the Investor Relations section and the Presentations section. We appreciate everyone's attending today, given that this is our 25th year as a publicly traded company and our 13th quarter reporting as a bank holding company after acquiring National Bank of New York City. We've accomplished quite a lot, from $180 million of total assets in National Bank of New York City to over $2 billion, the financial holding company is approximately $2.9 billion of assets, and the bank has over $2 billion of deposits, up from $140 million at the time we acquired it approximately 3.25 years ago.
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